Forums
Exemption for services related to charitable and religious
Indirect Taxation
answered on 26-Aug-24 21:41
Renting of shops or other spaces(precincts of a religious space) for business or commerce where charges are upto 10000 is exempt. If the buyer purchase 2 adjacent shops 6000 each and customise it to a single space. Whether it will be exempt?
latest answer
Thank you sir
Anu T
CA Final
★ 0
2
284
Investment decisions
Financial Management
answered on 21-Oct-24 10:32
IN illustration 48 ,HMR LTD Here we considered incremental depreciation On what base value, depreciation is calculated for old machine and new machine I need to know the base value seperately for each machine. Here we actually calculated on 4.5l-1l =3.5l on which we calculated incremental depreciation This is understandable. When it comes to Illustration 43,shiv limited We are not at all considered the old machine depreciation while calculating CFAT. KINDLY SOLVE MY ISSUE AS EARLY AS POSSIBLE I ALREADY LISTEN TO THE LECTURE BUT I AM GETTING A CONFUSION AND NOT GETTING FINAL CONCLUSION.
latest answer
We have updated Video 43. Thanks for highlighting
Gopichand Annamadasu
CA Inter
★ 270
10
348
Inter exams
Others
answered on 26-Aug-24 10:54
Can someone please clarify this thing to me ki I filled exam forms for both the groups of inter but now I am gonna write only group-2 exams How my physical marksheet which is sent home will show my result of group 1? Will all subjects be marked absent of what?
latest answer
If you attempt only 1 group, it would most likely come as -A- for the other group.
Arshleen Kaur
CA Inter
★ 2K+
3
321
Using calculator
CFA
answered on 25-Aug-24 16:38
How should I store the standard deviations and r, in memory and multiply them to get the co variance ?
latest answer
Have explained how to save numbers using memories in the first few videos in introduction chapter on calculator
Vasudha TK
CFA L1
★ 70
1
212
Please clarify capex workings
AFM
answered on 25-Aug-24 16:42
Sir in the sum the cap X is 150 and not hundred because there is a depreciation of 50 so 300+150-50 is equal to closing 400. Please clarify as per your working cap capex only hundred.
latest answer
400 is gross fixed assets and not net fixed assets. So capex is 100 and not 150 please look at next line where they have provided accumulated depreciation number. If accumulated depreciation is already provided then it means the number above is GFA and not NFA In fact they have not given any NFA number at all
kabilan sam
CA Inter
★ 3K+
1
257
CA Final Nov 2024 exam form failed due to payment issue, No Exam form closed what to do ?
Others
answered on 25-Aug-24 16:43
CA Final Nov 2024 exam form failed due to payment issue, No Exam form closed what to do to submit the form and payment again
latest answer
Call icai helpdesk https://www.icai.org/post/office-directory-examination-department
Hemachandra D
CA Final
★ 9K+
1
498
Efficient Frontier
CFA
answered on 25-Aug-24 12:27
around 36:00, how is the line that is drawn in between, to know the efficient and inefficient portfolios, determined. It it simply considered from the extreme left peak of the arc ?
latest answer
Yes.
Vasudha TK
CFA L1
★ 70
1
214
Dividend decision
Financial Management
answered on 21-Oct-24 10:33
Sir, kindly add videos for the method of dividend discount model . It is missing
latest answer
We have added this video to our classes - thanks for highlighting
Preethi S
CA Inter
★ 2K+
2
252
Composition scheme
Indirect Taxation
answered on 24-Aug-24 18:01
It has been said that service providers except restaurant and catering service providers cannot opt for composition scheme. . I have visited a computer service shop a few days ago, on the name plate of the shop, it was written that they are a composite dealer. Can you please explain why?? My father does business fly ash bricks, he said that he pays GST quarterly, you said that manufacturers doing fly ash bricks cannot opt for composition scheme...???
latest answer
Thank you sir****
Nandini Narreddy
CA Inter
★ 925
4
357
Should we remember sections
Auditing
answered on 26-Aug-24 11:36
Sir , while reading in Audit regarding duties of the auditor should we remember sections Because at glance there are only 4 sections in reporting chapter such as 143(1),143(3),143(12),143(11) but in those four sections there are many sub clauses Can we ignore section and Sub clauses and just reading the duties is sufficient??
latest answer
It is important to remember sections and sub sections along with clauses for reporting. It won’t be much difficult, reading once or twice you will be able to relate and remember.
Surya Prakash
CA Final
★ 19K+
1
283